Phebe N. Novakovic, Chairman and CEO of General Dynamics Corp. (GD), sold 23,011 shares of the company's stock on March 11, 2026. The transactions, valued at approximately $8.15 million, were executed at an average price of $354.24 per share.
This sale represents a portion of a series of transactions by General Dynamics Corp. executives on the same date. Other notable sales include Gregory S. Gallopoulos, Mark Lagrand Burns, Marguerite Amy Gilliland, and additional shares sold by Ms. Novakovic herself.
Insider selling activity can be attributed to various personal financial decisions, such as portfolio diversification or tax planning, and does not necessarily indicate a change in the company's fundamental outlook.